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Dollar and yen gapped lower today on news of the EUR 45b Greece bailout deal. Nevertheless both pare much of earlier losses as European stocks lost steam and turned red. Also, Euro's gain was somewhat limited by comments from German MOF that there was no decision on aid for Greece...

Dollar and yen gapped lower today on news of the EUR 45b Greece bailout deal. Nevertheless both pare much of earlier losses as European stocks lost steam and turned red. Also, Euro's gain was somewhat limited by comments from German MOF that there was no decision on aid for Greece...

In the coming days the British pound may find great luck. The British pound is fortunate to rise to $1.5625 from $1.5590.Today on 30th September 2011 Friday, the euro is facing the crisis . Its value has come to $1.3439 from $1.3559 last Thursday. Europe may lose hope due to its economic crisis.